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Re:Oxide Computer Company: Initial boot sequence by parsimo2010 on Monday December 02, 2019 @11:39AM (#21684024)
Regardless of the acquiring company's motivation, being acquired is one of the textbook criteria for a successful startup. The other is becoming a large company by themselves, but this is rare.

And since Red Hat kept Container Linux/CoreOS open source, this wasn't really a move to eliminate competition. They can support enterprise clients, but the open source nature doesn't stop another company from offering their own enterprise support.

Re:Oxide Computer Company: Initial boot sequence by jonathankoren on Monday December 02, 2019 @12:28PM (#21684522)
> Regardless of the acquiring company's motivation, being acquired is one of the textbook criteria for a successful startup.

Depends on the acquisition price. Acquihires are failures. Investors might get their money back, and everyone else (including founders) walks away with nothing but a job at some company they didn’t necessarily want to work for.